JM Financial names 10 Diwali stocks, sees up to 34% upside
In short
JM Financial picked 10 stocks for Diwali investing and said some could rise by as much as 34%. The list includes ICICI Bank, Bharat Electronics and Eternal, according to the summary.
It says ICICI Bank has strong loan growth, while the other two have good sector positions. The full list, assumptions and timing were not stated.
What the reporting says
JM Financial named 10 stocks for Diwali investment, including ICICI Bank, Bharat Electronics and Eternal, with upside of up to 34%, according to the publisher summary. The note cites ICICI Bank’s loan growth and says Bharat Electronics and Eternal have strong sector positions and growth prospects. The immediate takeaway is a bullish stock-picking call, but the report does not provide the full list, valuation assumptions or time frame.
Why it matters
JM Financial issued a Diwali stock-picking note on ten names, with ICICI Bank, Bharat Electronics and Eternal highlighted in the publisher summary. The report says ICICI Bank stands out for expected returns and loan growth, while the others are seen as having strong positions and growth prospects. This is a market recommendation, not a disclosed corporate event. The full stock list and the basis for the upside estimate are not stated.